Futu (NASDAQ:FUTU) Rating Increased to Hold at Zacks Research

Futu (NASDAQ:FUTU) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other brokerages have also recently commented on FUTU. The Goldman Sachs Group cut shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 target price for the company. in a research report on Monday, May 25th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $87.00 price objective (down from $300.00) on shares of Futu in a research note on Friday, May 22nd. Jefferies Financial Group reiterated a “buy” rating and issued a $170.50 price objective on shares of Futu in a report on Thursday, May 28th. Finally, Wall Street Zen downgraded Futu from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.80.

Futu Price Performance

FUTU opened at $101.84 on Monday. The company has a market cap of $14.27 billion, a price-to-earnings ratio of 11.20, a price-to-earnings-growth ratio of 1.22 and a beta of 0.39. The firm has a 50 day simple moving average of $99.01 and a 200 day simple moving average of $133.89. Futu has a fifty-two week low of $80.50 and a fifty-two week high of $202.53.

Futu (NASDAQ:FUTU) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $2.89 by ($2.12). Futu had a net margin of 41.87% and a return on equity of 26.48%. The business had revenue of $694.17 million during the quarter, compared to analyst estimates of $761.35 million. As a group, analysts expect that Futu will post 8.95 EPS for the current year.

Institutional Investors Weigh In On Futu

Several large investors have recently bought and sold shares of FUTU. V Square Quantitative Management LLC acquired a new stake in Futu in the first quarter worth $25,000. Geneos Wealth Management Inc. acquired a new position in shares of Futu in the 1st quarter valued at $27,000. Rockefeller Capital Management L.P. grew its holdings in shares of Futu by 59.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 226 shares of the company’s stock valued at $37,000 after buying an additional 84 shares during the period. Hilton Head Capital Partners LLC bought a new stake in shares of Futu in the 4th quarter valued at $49,000. Finally, Parkside Financial Bank & Trust increased its position in shares of Futu by 30,000.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 301 shares of the company’s stock valued at $49,000 after buying an additional 300 shares in the last quarter.

Futu News Roundup

Here are the key news stories impacting Futu this week:

• Positive Sentiment: Futu expanded international market access through a partnership with Hana Securities, enabling Futu clients to trade Korean stocks. The initiative could broaden product offerings, support customer engagement and create additional growth opportunities. Hana Securities opens Korean stock trading to Futu clients
• Neutral Sentiment: Multiple law firms, including Pomerantz, Rosen, Berger Montague, Faruqi & Faruqi and others, reminded investors that the lead-plaintiff deadline for the pending lawsuit is August 25, 2026. The notices primarily seek investor participation and do not represent a court finding that Futu violated securities laws. Pomerantz investor alert
• Negative Sentiment: The class action covers investors who purchased Futu securities from May 24, 2023, through May 27, 2026, and alleges violations of U.S. securities laws tied to undisclosed regulatory-compliance failures. One law firm described an approximately 32% stock decline during the relevant period. If the claims advance, Futu could face litigation costs, damages and heightened regulatory scrutiny. Futu securities fraud class action notice
• Negative Sentiment: Futu’s latest reported quarter compounded the concerns: earnings per share came in at $0.77 versus a $2.89 consensus estimate, while revenue of $694.17 million fell short of the $761.35 million forecast. The earnings miss may reinforce investor caution about operating momentum and near-term profitability.

About Futu

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.